Fujian Raynen Tech Co Ltd
Fujian Raynen Technology Co., Ltd. engages in the IC distribution business in China and internationally. It also researches and develops, produces, and sells industrial automation products. The company's products include flat knitting machine electronic control, sock machine electronic control, glove machine electronic control, twining machine electrical control system, and process plate making s… Read more
Fujian Raynen Tech Co Ltd (603933) - Net Assets
Latest net assets as of September 2025: CN¥1.35 Billion CNY
Based on the latest financial reports, Fujian Raynen Tech Co Ltd (603933) has net assets worth CN¥1.35 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.49 Billion) and total liabilities (CN¥1.14 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.35 Billion |
| % of Total Assets | 54.36% |
| Annual Growth Rate | 21.25% |
| 5-Year Change | 28.1% |
| 10-Year Change | 340.48% |
| Growth Volatility | 40.38 |
Fujian Raynen Tech Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Fujian Raynen Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fujian Raynen Tech Co Ltd (2012–2024)
The table below shows the annual net assets of Fujian Raynen Tech Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.33 Billion | +1.82% |
| 2023-12-31 | CN¥1.30 Billion | +3.26% |
| 2022-12-31 | CN¥1.26 Billion | +9.03% |
| 2021-12-31 | CN¥1.16 Billion | +11.75% |
| 2020-12-31 | CN¥1.04 Billion | -0.80% |
| 2019-12-31 | CN¥1.05 Billion | -1.00% |
| 2018-12-31 | CN¥1.06 Billion | +8.63% |
| 2017-12-31 | CN¥972.34 Million | +151.02% |
| 2016-12-31 | CN¥387.35 Million | +28.41% |
| 2015-12-31 | CN¥301.65 Million | +20.79% |
| 2014-12-31 | CN¥249.73 Million | +26.87% |
| 2013-12-31 | CN¥196.85 Million | +49.62% |
| 2012-12-31 | CN¥131.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian Raynen Tech Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 591.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥532.95 Million | 41.15% |
| Common Stock | CN¥207.54 Million | 16.02% |
| Other Comprehensive Income | CN¥116.69 Million | 9.01% |
| Other Components | CN¥438.09 Million | 33.82% |
| Total Equity | CN¥1.30 Billion | 100.00% |
Fujian Raynen Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Raynen Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Probe Metals Inc
OTCQB:PROBF
|
$220.06 Million |
|
Oxford Biomedica plc
PINK:OXBDF
|
$220.17 Million |
|
Vigil Neuroscience Inc
NASDAQ:VIGL
|
$220.17 Million |
|
Exmar NV
PINK:EXMRF
|
$220.20 Million |
|
Cabaletta Bio Inc
NASDAQ:CABA
|
$220.04 Million |
|
Zhang Jia Jie Tourism Group Co Ltd
SHE:000430
|
$220.00 Million |
|
Entrada Therapeutics Inc
NASDAQ:TRDA
|
$220.00 Million |
|
Shanghai Flyco Electrical Appliance Co Ltd
SHG:603868
|
$219.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Raynen Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,282,143,325 to 1,295,285,621, a change of 13,142,296 (1.0%).
- Net income of 36,928,909 contributed positively to equity growth.
- Dividend payments of 36,170,392 reduced retained earnings.
- Share repurchases of 19,132,023 reduced equity.
- Other comprehensive income increased equity by 116,692,893.
- Other factors decreased equity by 85,177,091.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥36.93 Million | +2.85% |
| Dividends Paid | CN¥36.17 Million | -2.79% |
| Share Repurchases | CN¥19.13 Million | -1.48% |
| Other Comprehensive Income | CN¥116.69 Million | +9.01% |
| Other Changes | CN¥-85.18 Million | -6.58% |
| Total Change | CN¥- | 1.03% |
Book Value vs Market Value Analysis
This analysis compares Fujian Raynen Tech Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.45x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 21.02x to 3.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.02 | CN¥21.52 | x |
| 2013-12-31 | CN¥1.53 | CN¥21.52 | x |
| 2014-12-31 | CN¥1.69 | CN¥21.52 | x |
| 2015-12-31 | CN¥1.98 | CN¥21.52 | x |
| 2016-12-31 | CN¥2.56 | CN¥21.52 | x |
| 2017-12-31 | CN¥5.51 | CN¥21.52 | x |
| 2018-12-31 | CN¥5.22 | CN¥21.52 | x |
| 2019-12-31 | CN¥5.17 | CN¥21.52 | x |
| 2020-12-31 | CN¥5.12 | CN¥21.52 | x |
| 2021-12-31 | CN¥5.58 | CN¥21.52 | x |
| 2022-12-31 | CN¥6.06 | CN¥21.52 | x |
| 2023-12-31 | CN¥6.15 | CN¥21.52 | x |
| 2024-12-31 | CN¥6.24 | CN¥21.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Raynen Tech Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.91%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.81x
- Recent ROE (2.85%) is below the historical average (11.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 24.22% | 4.27% | 2.03x | 2.80x | CN¥18.71 Million |
| 2013 | 21.65% | 4.42% | 2.20x | 2.23x | CN¥22.93 Million |
| 2014 | 18.37% | 4.12% | 2.26x | 1.97x | CN¥20.80 Million |
| 2015 | 16.23% | 3.83% | 2.13x | 1.99x | CN¥18.59 Million |
| 2016 | 24.20% | 5.99% | 1.95x | 2.07x | CN¥54.82 Million |
| 2017 | 14.55% | 7.40% | 1.39x | 1.42x | CN¥44.22 Million |
| 2018 | 10.82% | 6.13% | 1.22x | 1.45x | CN¥8.57 Million |
| 2019 | 2.90% | 2.04% | 1.04x | 1.37x | CN¥-73.85 Million |
| 2020 | 2.44% | 1.68% | 1.03x | 1.42x | CN¥-77.88 Million |
| 2021 | 7.52% | 4.11% | 1.06x | 1.73x | CN¥-28.19 Million |
| 2022 | 4.32% | 2.51% | 1.01x | 1.70x | CN¥-70.46 Million |
| 2023 | 4.62% | 3.21% | 0.82x | 1.75x | CN¥-69.02 Million |
| 2024 | 2.85% | 1.91% | 0.82x | 1.81x | CN¥-92.60 Million |
Industry Comparison
This section compares Fujian Raynen Tech Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $1,549,622,281
- Average return on equity (ROE) among peers: 4.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Raynen Tech Co Ltd (603933) | CN¥1.35 Billion | 24.22% | 0.84x | $220.06 Million |
| Shenzhen Kaifa Technology Co Ltd (000021) | $3.49 Billion | 20.34% | 0.48x | $4.21 Billion |
| China Greatwall Computer Shenzhen Co Ltd (000066) | $172.34 Million | 10.88% | 1.56x | $4.11 Billion |
| TPV Technology Co Ltd (000727) | $555.60 Million | -88.79% | 1.39x | $917.87 Million |
| Inspur Electronic Info Industr (000977) | $900.93 Million | 4.81% | 0.23x | $8.33 Billion |
| JWIPC Technology Co Ltd (001339) | $2.19 Billion | 5.71% | 1.34x | $665.52 Million |
| Shandong Senter Electn Co Ltd (001388) | $586.50 Million | 20.03% | 0.78x | $57.68K |
| Ninestar Corp (002180) | $322.23 Million | 8.58% | 0.16x | $2.12 Billion |
| Hangzhou Hikvision Digital Technology Co Ltd (002415) | $337.64 Million | 61.25% | 0.41x | $15.32 Billion |
| Shenzhen Rapoo Technology (002577) | $1.17 Billion | 1.62% | 0.12x | $265.22 Million |
| Suzhou Anjie Technology Co Ltd (002635) | $5.78 Billion | 3.44% | 0.35x | $599.23 Million |